Marion at a glance
4,153
People
$1,106,000
Median sale
$573/wk
Median rent
2.69%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
$740,000
Last sold
5 Dec 2021
3
Bedrooms
1
Bathrooms
4
Car spaces
972 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$740,000
5 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Marion (last 5 years) with land size have a median of $1,875/m² of land (n=41). Districts calculation from recorded sales — not a valuation.
Marion at a glance
4,153
People
$1,106,000
Median sale
$573/wk
Median rent
2.69%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Marion
-33.1%
Median sale
Suburb $1,106,000
+1.34 pp
Gross yield
Suburb 2.69%
Suburb median $1,106,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $573/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Marion at a glance
4,153
People
$1,106,000
Median sale
$573/wk
Median rent
2.69%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Kaide Real EstateWelcome to 3 George Street Marion! This is an incredible opportunity to join the Marion Community with a phenomenal acquisition of this solid brick home with a spacious entertainment area!
Set on a large 972sqm block with 36.33m frontage, this is a rare opportunity for the family buyer or investor to secure a sizable landholding in one of the southern suburbs most sought-after areas, nearby to Westfield Marion, Flinders University and Brighton beaches. Whether you are a home-buyer or investor, this property ticks all the boxes! Stunning interiors being recently fresh-up with brand new timber floor and paint, which are bathed in natural light from all angles, creating a bright and cheerful ambience throughout.
The home offers three generous bedrooms all with security roller shutters and a large master featuring a beautiful ceiling medallion. The formal lounge also features decorative ceilings, brick fireplace, traditional period lighting, large windows with roller shutters and double sliding glass doors. Through the double doors, you will find the dining area and adjacent kitchen which features plenty of overhead cabinets & storage.
Outside, the home is a detached home office with a verandah at the rear, concrete patio area, lawns and a large shed. Natural lighting beams throughout the home, illuminating weekend leisure inside day-to-day moments, a family home awaiting for the next buyer.
Features:
- Freshly painted
- Brand new polished timber floors
- 3 generous bedrooms all with security roller shutters
- Beautiful formal lounge with brick fireplace
- Spacious kitchen features plenty of overhead cabinets & storage
- Separate bathroom and Toilet
- Separate laundry access to rear garden
- Detached home office/4th bedroom at the rear
- Concrete patio area
- Large shed for storage
Locality:
- 1 min drive to Westfield Marion Shopping Centre & SA Aquatic
- 5 mins drive to Flinders University
- 3 mins drive to Warradale Primary School
- 5 mins drive to Marion Primary School & Westminster School
- 6 mins drive to Brighton Beach
Specifications:
Built - 1963
CT: 5398152
Council: City of Marion
Land Size: 972 sqm(approx.)
Water supply: TBC
Sewer: TBC
Council rates: TBC
ESL: TBC
Auction: 4:pm on the 5th of Dec 2021
Call Frank on 0450 216 898 or Phoebe 0433 106 925 for more information, recent sold reports available on request or meet you on-site over the weekends.
RLA 285210
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at Kaide Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts
Listing description written by Frank Zhao, Kaide Real Estate — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.